SAN FRANCISCO-based Kraken announced today that it has reopened its service after stopping EOS operations on June 1 due to its EOS MainNet launch preparations. But people are still not clear how it will work.
Kraken convinced EOS that it was stable and it opened the process again.
Kraken has officially announced that the fifth largest crypto money EOS on the Twitter platform continues its deposit and withdrawal transactions.
San Francisco-based Kraken is among the top 15 crypto-money exchanges according to Coinmarketcap. There are about 55 crypto money listed on the platform, managing an average of 112.6 million transactions per day. EOS has a daily trading volume of about $ 4 million and can be traded in different trading pairs. EUS, USD, BTC and ETH pairs are seen as the most popular changes.
On June 1, 2018, Kraken took the EOS fund offline, which was in the process of preparing MainNet launch. The stock exchange also announced that it will remain offline until it is certain that the fund's capital is stable. In the past week, despite the failure of the EOS network to work, the block manufacturers actively resolved the problem and froze the allegedly bad accounts.
Kraken has shown that he is confident of the stability of the EOS network by re-imagining investment and shooting transactions.
Investors are still question marks in fact
However, the resumption of Kraken's EOS transactions does not mean that people are clear about EOS. ESO users seem to have some confusion and also anticipation within themselves. For example, many investors are questioning why Binance still does not open trades.
Another problem confusing the EOS issue was how to open a new wallet with a zero look to get back the funds. Users who argue that this is not yet possible, however, indicate that the problem must be solved by Kraken. Another question in mind is that the name still remains the same for crypto money that is only going to be updated on the backend.
Other stock exchanges are looking forward to a decision on EOS operations
Looking at the overall look of EOS, we are trading at $ 10.47, an increase of about 0.90 percent over the last 24 hours. With a market value exceeding 9 billion dollars, the 24-hour transaction volume is around 741 million dollars.
For EOS, which is traded only on the Bitfinex market yesterday, users are eagerly awaiting news from other stock exchanges to continue with the EOS process. However, most stock markets do not seem to be convinced yet whether EOS is stable.